Deriv vs MultiBank Group: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeDerivMultiBank Group
Licence Score51Moderate80Very strong
Strongest licence 2 Tier 2 1 Tier 1
Licences on record47
1 ASIC Australia —Licensed
1 MAS Singapore —Licensed
1 BaFin Germany —Licensed
2 CySEC Cyprus —Licensed
2 FMA (NZ) New Zealand —Licensed
2 MFSA Malta Licensed—
3 CIMA Cayman Islands —Licensed
3 Labuan FSA Malaysia (Labuan) Licensed—
4 VFSC Vanuatu LicensedLicensed
4 BVI FSC British Virgin Islands Licensed—
Founded19992005
HeadquartersMalaysiaUnited Arab Emirates
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT5, Proprietary, cTraderMT4, MT5
Minimum depositUS$5US$50
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Frequently asked questions

Is Deriv or MultiBank Group better regulated?

MultiBank Group has the higher Licence Score (80 vs 51), based on the number and tier of licences, operating history and public listing.

Which regulators license both Deriv and MultiBank Group?

Both are matched to licences from VFSC.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.